This Totally Spoils Our Plan to Parody the ‘Harvard 100′ This Year
I guess we can close down our website, now, because #1 source of all things ridiculous in the Ivy League, that gloriously self-congratulatory glossy 02138, is folding! Mere months ago Manhattan Media acquired the Crimsonphilic alumni rag, heralding it as the foundation of their new "Ivy League Media" division. And now they're killing it. Daily Intel has Manhattan's fold-nouncement memo, which explains that, though everyone at 02138 was doing an A+ job,
...the current economic environment has made it too difficult to proceed at this time. While Manhattan Media, and its financial backer Isis Venture Partners, are committed to long-term growth capital, the funds needed to execute AMN's strategic vision would by necessity have grown significantly and beyond the company's risk/return profile.
The latest issue will lurk around 02138's website for a while, the ghost of Media Past. Happily (delusionally?) the website shows no signs of distress, with its usual assortment of Aaron Sorkin puff pieces floating around the homepage.
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October 25th, 2008 at 5:19 pm
Hey, so fyi: 02138 Magazine was not in any way officially affiliated to the Ivy League. It received no funding or approval from Harvard ever, and is much more accurately like a Ivy fan’s mag. than the real deal. So, maybe keep “self-congratulatory” off the shelf.
October 25th, 2008 at 6:12 pm
Anonymous, I’m guessing that 02138 is Harvard alumni writing puff pieces about Harvard/other alumni. What’s not self-congratulatory about that?
October 25th, 2008 at 6:48 pm
We have a winner. Self-congratulatory definitely remains ON the shelf. Read the original article on this rag.
October 29th, 2008 at 2:04 pm
why don’t you post something for once that gawker hasn’t already covered? any why are you still schlepping around ivygate?